Both New York and New Jersey require that the carrier pay its equitable share of litigation costs in a third-party settlement. What is considered a “cost of litigation” in both States? What is the actual calculation for your maximum reimbursement and future offset rights? In this episode, “Crunching the Numbers: Reimbursement and Future Credit Calculations and the Impact on Settlements in NY/NJ,” Christopher Major, Civil Practice Team Leader at Lois Law Firm, discusses the priority of your lien when the third-party action settles, the calculations required in New York and New Jersey, and when/whether to compromise any portion of your lien.
What is “Defending Employers: Audio From Lois Law Firm, Workers’ Compensation Defense Attorneys”?
This is the audio feed from Lois Law Firm’s popular webinar training series. Every month the Firm’s attorneys present different topics in workers’ compensation. Meant as a 101 level training course, the attorneys present a fresh take on common issues in workers’ compensation defense.
Special Reports and Presentations: When emerging legal issues arise that impact employers, Lois Law Firm publishes special presentations. These special events, hosted by attorneys and presented in plain English, make the emergent changes understandable for business owners, insurance carriers, and other attorneys.